Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Government, Business, Safety

EPA Honors 30 ATA Members for SmartWay Excellence

SAN DIEGO — Thirty American Trucking Associations members received the U.S. Environmental Protection Agency’s SmartWay Excellence Award at the federation’s Management Conference & Exhibition on Oct. 7.

Eric Miller | Senior Reporter
October 7, 2019
Government, Business

Republican Leaders Urge Congressional Action on USMCA

The new trade agreement President Donald Trump negotiated with the country’s neighbors to the north and south is policy Congress should consider, said Vice President Mike Pence.

Eugene Mulero | Senior Reporter
October 7, 2019
Business, Technology, Equipment, Safety, Fuel

Mack Introduces Extended Chassis Fairing, Integrated ELD Option

SAN DIEGO — Mack Trucks has introduced an extended chassis fairing option for its Mack Anthem models to enhance fuel economy through improved aerodynamics.

Seth Clevenger | Managing Editor, Features and Multimedia
October 7, 2019
Government, Business, Safety

Industry Representatives Honored With Trucking Awards

SAN DIEGO — Rhode Island Trucking Association President Chris Maxwell received the President’s Trucking Association Executives Council Leadership Award at American Trucking Associations’ annual industry gathering Oct. 7.

Eleanor Lamb | Staff Reporter
October 7, 2019
Government, Business, Technology

Mike Ducker Presented 2019 Trucking Cares Foundation Award

SAN DIEGO — Former FedEx Freight CEO Mike Ducker was presented the 2019 Trucking Cares Foundation Premiere Achievement Award at American Trucking Associations’ 2019 Management Conference & Exhibition on Oct. 7.

October 7, 2019
Government, Business, Fuel

Diesel Price Slips 1.9¢ to $3.047 a Gallon

The U.S. average retail price of diesel slipped 1.9 cents to $3.047 a gallon, the Department of Energy reported Oct. 7, marking the third consecutive decline whereby the price has fallen 3.4 cents a gallon in the period.

Roger Gilroy | Senior Reporter
October 7, 2019
Business, Technology, Equipment

SkyBitz, Omnitracs Form Fleet Telematics Partnership

SAN DIEGO — Trailer-tracking provider SkyBitz and in-cab technology supplier Omnitracs have formed a partnership to offer expanded fleet management services to joint customers, the companies announced Oct. 7.

Seth Clevenger | Managing Editor, Features and Multimedia
October 7, 2019
Government, Business

Trump to Sign US-Japan Trade Deal That Benefits Farmers

WASHINGTON — President Donald Trump is scheduled to sign a limited trade agreement Oct. 7 with Japan, a deal that would win back benefits American farmers lost when Trump pulled out of a broader Asia-Pacific pact his first week in office.

Paul Wiseman | Associated Press
October 7, 2019
Business

Stay Metrics Identifies Why Drivers Leave So Soon

Recent research concluded about one-third of newly hired drivers at a broad range of motor carriers failed to last 90 days, but experts agreed carriers could help stem the costly turnover.

Roger Gilroy | Senior Reporter
October 7, 2019
Business

Union Says Talks With GM Have ‘Taken a Turn for the Worse’

The strike at General Motors Co. entered its fourth week with the United Auto Workers union and the carmaker at an impasse over investment in U.S. factories, overshadowing progress made in recent days on other key issues.

David Welch | Bloomberg News
October 7, 2019